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Posted: 11:19 PM Mar 25, 2009
Fla. Senate Considering Penny Sales Tax Hike
Florida Senate leaders are considering
a ballot proposal that would tie a penny per dollar increase in the
sales tax to loosening class size limits.
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TALLAHASSEE, Fla. (AP) - Florida Senate leaders are considering a ballot proposal that would tie a penny per dollar increase in the sales tax to loosening class size limits.
Senate Education Pre-kindergarten-12 Appropriations Chairman Stephen Wise outlined the proposal Wednesday as he unveiled the
first draft of a new education budget that would leave spending
unchanged at $6,860 per student.
The proposed budget for the fiscal year beginning July 1 would rely on federal stimulus dollars and expanded Seminole Indian gambling to offset declines in sales, property and other tax receipts.
It does not include the sales tax increase from 6 percent to 7 percent that would have to be approved by voters. It would bring in $2.8 billion annually.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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